Investment potential in this spacious 4,002 sq ft mid-century home offering multiple options for value-add and income generation. The main level features hardwood floors throughout, a remodeled kitchen and updated bathrooms, providing immediate rent-ready appeal while preserving classic mid-century character.Laundry is located on the main floor, with the ability to add a second laundry in the basement—ideal for future duplex, ADU, or multi-tenant configuration (buyer to verify). Updated double-pane windows and a 200-amp electrical service support expansion, modernization, and additional units.The property includes a covered patio, raised garden beds, and a large backyard. Lots of room for hobbies and animals. Generous square footage and layout flexibility allow for a variety of strategies including house hacking, multi-generational living, or conversion to income-producing units.A strong blend of updated systems, size, and classic architecture makes this property a compelling opportunity for investors seeking long-term appreciation and rental income. Decommissioned oil-tank.
Listing Provided Courtesy of Tarah Pond, RE/MAX Equity Group
General Information
776480188
SingleFamilyResidence
0
DOM
3
8712 SqFt
2.5
4002
1951
Multnomah
R232107
Creston 7/10
Other
Franklin 5/10
Residential
SingleFamilyResidence
OVERTON PK, BLOCK F, W 16' OF S 89.46' M/L OF LOT 7, E 83.07' OF
Listing Provided Courtesy of Tarah Pond, RE/MAX Equity Group
Krishna Realty data last checked: Jan 01, 2026 17:03 | Listing last modified Jan 01, 2026 08:46,
Source:
Investment potential in this spacious 4,002 sq ft mid-century home offering multiple options for value-add and income generation. The main level features hardwood floors throughout, a remodeled kitchen and updated bathrooms, providing immediate rent-ready appeal while preserving classic mid-century character.Laundry is located on the main floor, with the ability to add a second laundry in the basement—ideal for future duplex, ADU, or multi-tenant configuration (buyer to verify). Updated double-pane windows and a 200-amp electrical service support expansion, modernization, and additional units.The property includes a covered patio, raised garden beds, and a large backyard. Lots of room for hobbies and animals. Generous square footage and layout flexibility allow for a variety of strategies including house hacking, multi-generational living, or conversion to income-producing units.A strong blend of updated systems, size, and classic architecture makes this property a compelling opportunity for investors seeking long-term appreciation and rental income. Decommissioned oil-tank.
